The capital subsidies received by the Company in previous tax years, all non-refundable and forming a part of the net equity, amount to 843 and 1,272 Euros on December 31st 2016 and 2015, respectively, and were basically to finance the renovation of fixed assets.

By the end of the tax years 2016 and 2015 the Company had fulfilled the requirements stipulated for the reception of said subsidies.